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Elm Springs, INC

$121,300 PPP Loan in Magnolia, Arkansas

Loan Details

Loan Number
9049827006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$121,300
Current Approval
$121,300
Forgiveness Amount
$119,708
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Elm Springs, INC
Address
5700 Highway 19 South
City
Magnolia
State
Arkansas
ZIP Code
71753-9482
Business Type
Corporation
Industry (NAICS)
Retail Trade (445120)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$90,975
Rent
$25,000
Utilities
$5,325

Lender Information

Servicing Lender
Gibsland Bank & Trust Company
Originating Lender
Gibsland Bank & Trust Company

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